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15 October 2008
Standard Bank, also trading as Stanbic Bank, scooped two major awards at the prestigious African Banker Awards 2008 event held at a glittering ceremony in Washington DC, on 10 October 2008.
For the second year in a row, Standard Bank walked off with the coveted prize for Deal of the Year for the ICBC 20% acquisition of Standard Bank; while its Nigerian operation, Stanbic IBTC Bank, was crowned the Best Issuing House in Africa.
“As Standard Bank, we are thrilled to be recipients once again of these prestigious awards. We were competing with the best in Africa, and to be recognised and selected among the best is always a pleasing achievement,” says Clive Tasker, Chief Executive, Standard Bank Africa.
The annual event was held during the International Monetary Fund/World Bank meeting held last week and was hosted by the London-based IC Publications, publishers of African Banker magazine.
A total of 17 awards were presented at the grand ceremony, sanctioned by the World Bank, and supported by the Corporate Council on Africa and the African Development Bank. More than 350 people attended the grand ceremony, including Africa’s finance ministers, governors of central banks, top bankers, financial market regulators, industry leaders and global media personalities.
IC Publications states that the African Banker Awards are designed to ‘acknowledge the people and financial institutions that are making a difference on the continent and to celebrate the successful transformation of this key sector’.
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